For Sale
Single family home for sale at 509 Leath St, Memphis, TN 38105 | MLS# 10230343 | Listing updated on 2026-09-12
Photo 1 of Single family home for sale at 509 Leath St, Memphis, TN 38105 | MLS# 10230343 | Listing updated on 2026-09-12
Photo 2 of Single family home for sale at 509 Leath St, Memphis, TN 38105 | MLS# 10230343 | Listing updated on 2026-09-12
Photo 3 of Single family home for sale at 509 Leath St, Memphis, TN 38105 | MLS# 10230343 | Listing updated on 2026-09-12
Photo 4 of Single family home for sale at 509 Leath St, Memphis, TN 38105 | MLS# 10230343 | Listing updated on 2026-09-12
8+
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Street View

$55,000

Monthly Est:$274

  • Beds Icon3 Beds
  • Beds Icon
    1 Bath
  • Beds Icon1,396sqft

509 Leath St, Memphis, TN 38105

$274/moEst:

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  • Single Family Residence

  • Built in 1925

  • $-- HOA

  • 9,147.6 sqft lot

  • $39/sq.ft

Description

Investor opportunity with a lot of potential already built into the existing footprint. Currently configured as a 3-bedroom, 1-bath home with separate living and dining rooms, this property offers a solid starting point for a full renovation. The interior has already been opened up in several areas, providing good visibility into the home’s framing and existing structure. Despite the amount of renovation needed, the home appears to have good bones and a functional layout that lends itself well to redevelopment. Bring your contractor and your vision. With the right renovation plan, this property offers an opportunity to improve both the condition and functionality of the home rather than simply putting finishes over an outdated floor plan. Property is being sold as-is. No wholesalers, or contract assignment.

  • Houzeo last checked: 1 minute ago
  • Listing updated: September 12, 2026 at 10:59 pm
  • Listing Provided by: Sherry Roberts (901) 347-3148 | Advantage Property Management (901) 347-3148
  • Source: Memphis MLS (MAARMLS)-TN | MLS#: 10230343 Memphis MLS (MAARMLS)-TN

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Shelby County

  • City

    Memphis

  • Neighborhood

    --

  • Year Built

    1925

  • HOA Fees

    -

  • Finished Area

    1,396 sqft

  • Lot Size

    9,147.6 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Memphis MLS (MAARMLS)

  • MLS Number

    10230343

  • MLS Status

    Active

  • Days on Market

    50

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathroom: 1

Interior

  • Interior Features

    Separate Living Room, All Bedrooms Down

  • Flooring

    Hardwood Throughout

  • Heating

    Other (see Remarks)

  • Exterior Features

    Porch

  • Cooling

    Other (see Remarks)

Construction

  • Year Built

    Year Built: 1925

  • Home type

    Single Family Residence

  • Construction Materials

    Wood/composition

  • Architectural Style

    Traditional

Utilities & Energy

  • Pool Features

    None

  • Parking Features

    Driveway/pad

Other Features

  • Lot Features

    Level, Some Trees

  • Subdivision Name

    Gates

Price History

DateEventPrice

09/12/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10230343

Listed for Sale

$55,000

$42/sqft

05/04/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN as distributed by MLS GRID #RTC3187019

Off Market

$0

$0/sqft

05/04/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3187019

Listed for Sale

$0

$0/sqft

Nearby Homes

Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Nov 01, 2026, 06:52AM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved.

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